Luxury Villa Fraudsters Jailed for Madeira Potato Field Scam

Case was prosecuted by U.K.’s Financial Conduct Authority

September 25, 2018

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Franz Wild - Bloomberg

Four men and a woman convicted of conning people to invest in a fraudulent luxury villa construction scheme on a potato field in the Portuguese island of Madeira were sentenced to as long as 5 1/2 years in a U.K. jail.